punitarani

AAPL High Conviction Reversal

punitarani 업데이트됨   
NASDAQ:AAPL   애플 주식회사
Apple is at key trendline and 200SMA support right now. It is one of the more oversold tech players and will likely reverse back to its mean.

Trade Ideas:
  • Shares: Long around 117.5 for 125 and 130+. 5-10% Swing.
  • Covered Call: 131.25 expiring 4/16 for $1.5 credit. 17.5% assignment probability and a 12% covered return.
  • Credit Put Spread: 110-111.25 strikes expiring 4/16 for $0.33. 64% POP and max loss of $92.
  • Short Put: 100 expiring 4/16 for $1 credit. 92% POP and $1000 BPE for a 10% max ROC.
  • Strangle: 100-140 expiring 4/16 for $1.65 credit. 80% POP. $1170 BPE for a 14% max ROC
액티브 트레이드:
Close Short Put. The 100-strike SP is currently trading for $0.38, so, close for a 62% or $0.62 per contract profit.

While all the other mentioned trade ideas are currently in profit, I see more room to make profit as time decay ramps up.
코멘트:
Close Strangle. The 100-140 Strangle is currently trading for $0.77 for a $0.88 per strangle or 53% Profit.
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